Health Care: Who's Going to Pay?
Who is going to pay for universal health care? According to Hillary, it would be the usual suspects: the wealthy and businesses.
Now, granted, I'm sort of/kinda okay with taxing the rich, after all I'm a believer that "to whom much has been given, much is expected" in how it applies to everything--talent and wealth. I wouldn't go so far, however, as to attempt to equalize and redistribute wealth, those are socialist ideals that I do no subscribe to. If you work hard, you should be able to enjoy the fruits of your labors. I would caution that if we rely on the tax-the-rich scheme we begin to erode one of the motivations that made this country great--reward for hard work. I would also caution that tax-the-rich may not bring in the money that they think it will bring in. Really, it's about garnering support from the middle and lower classes; not forming a fiscally sound plan.
I'm not okay with placing an additional burden on business. Ultimately, it will impact the ability of small businesses to exist. A source of innovation one of the biggest means for the "little guy" to make it in this country will be taken away. As the barriers of entry get higher and higher in the form of increased costs (business tax, city tax, worker's comp, permits, fees), there are fewer opportunities for a small business to succeed and smaller margin for error. In the end, only big business will be able to survive because they will be able to afford the costs associated with doing business. We will pay in the form of reduced competition, meaning higher prices, and in the loss of local businesses that might have served us better than the big box stores. Hey, I'm all for the Target and Toys 'R Us types of the world, but I like to get my coffee at local (non-Starbucks) shops and I like those used book stores.
And who will pay for those "tax subsid[ies]" for small businesses? In the end, it's going to be you and me, the tax payer.
Let's face it, universal coverage will mean increased costs to everybody with extra burdens upon businesses and the wealthy. But, ultimately, it's going to cost you and me.
Clinton will propose several specific measures to pay for her plan, including an end to some of the Bush-era tax cuts for people making more than $250,000 per year.
Now, granted, I'm sort of/kinda okay with taxing the rich, after all I'm a believer that "to whom much has been given, much is expected" in how it applies to everything--talent and wealth. I wouldn't go so far, however, as to attempt to equalize and redistribute wealth, those are socialist ideals that I do no subscribe to. If you work hard, you should be able to enjoy the fruits of your labors. I would caution that if we rely on the tax-the-rich scheme we begin to erode one of the motivations that made this country great--reward for hard work. I would also caution that tax-the-rich may not bring in the money that they think it will bring in. Really, it's about garnering support from the middle and lower classes; not forming a fiscally sound plan.
...businesses, in turn, would be required to offer insurance to employees, or contribute to a government-run pool that would help pay for those not covered. Clinton would also offer a tax subsidy to small businesses to help them afford the cost of providing coverage to their workers.
I'm not okay with placing an additional burden on business. Ultimately, it will impact the ability of small businesses to exist. A source of innovation one of the biggest means for the "little guy" to make it in this country will be taken away. As the barriers of entry get higher and higher in the form of increased costs (business tax, city tax, worker's comp, permits, fees), there are fewer opportunities for a small business to succeed and smaller margin for error. In the end, only big business will be able to survive because they will be able to afford the costs associated with doing business. We will pay in the form of reduced competition, meaning higher prices, and in the loss of local businesses that might have served us better than the big box stores. Hey, I'm all for the Target and Toys 'R Us types of the world, but I like to get my coffee at local (non-Starbucks) shops and I like those used book stores.
And who will pay for those "tax subsid[ies]" for small businesses? In the end, it's going to be you and me, the tax payer.
Let's face it, universal coverage will mean increased costs to everybody with extra burdens upon businesses and the wealthy. But, ultimately, it's going to cost you and me.
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